Corporate Sustainability Accounting, Reporting and Assurance (SARA): A Study of Recent Trends in the Context of NSE-NIFTY Companies
Keywords:
Assurance, ESG, NIFTY, Reporting Framework, SustainabilityAbstract
The corporate pressures to comply with sustainability norms emerge from various factors such as legal provisions of the country of operations, an upsurge of standards and growing consciousness among the investors. As ESG disclosures are voluntary in many countries and have not been governed by generally accepted standards, these are less credible and incomparable. Providing external guarantees like independent assurance on the content and structure of the sustainability reports can improve their importance, reliability and comparability. The present study shows the recent trends in sustainability accounting, reporting and assurance practices in the companies which constitute the NIFTY index.
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